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Property profile & analytics
OFF-MARKET
Land

5700 Maccorkle Ave Charleston, WV 25304

1.95 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.95-acre commercial land parcel, located at 5700 MacCorkle Ave SE in Charleston, West Virginia, presents a unique investment opportunity. Situated in Kanawha County, zip code 25304, this property boasts unparalleled visibility and accessibility. The site is conveniently located north of MacCorkle Avenue, offering easy access to major transportation arteries including I-64, I-77, I-79, and the West Virginia International Yeager Airport. Thousands of vehicles traverse MacCorkle Avenue daily, ensuring high visibility for any development. The property's identifiable location near the intersection of 57th Street and MacCorkle Avenue further enhances its appeal. Currently zoned C-8, the zoning regulations restrict building sizes to a maximum of 30,000 square feet. The site benefits from its proximity to Kanawha Mall and numerous restaurants, providing ample amenities for potential tenants or customers. A decorative brick wall provides a buffer from the adjacent residential neighborhood. Importantly, this property is located within a designated Tax Incentive Opportunity Zone, offering potential tax advantages for investors. The land is owned by the Maier Foundation, a private, non-profit, charitable corporation. This prime location and advantageous features make this property an exceptional investment opportunity for developers seeking high-visibility commercial development in a thriving area of Charleston.

Property profile
Verified
Property type Land
Lot 1.95 ac (84,942 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Kanawha Landing Shopping Center & Mall
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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